TJX Companies raises full-year guidance, posts 5.6% sales gain for the most recent quarter

📆 31/05/1403 04:16 ب.ظ
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TJX Companies has taken market share from competitors like Macy's and Target as price-sensitive consumers look for a deal amid persistent inflation.

TJX Companies beat Wall Street's expectations on the top and bottom lines as it raised its full-year guidance.

The company has been looking to continue its growth and announced it's taken a stake in a Dubai-based discounter.raised its full-year guidance on Wednesday after posting another quarter of strong sales, but its outlook still fell just short of Wall Street's expectations.

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Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Starbucks, Chipotle, Eli Lilly, Target, TJX Companies, Coinbase and moreHere are the biggest calls on Wall Street on Wednesday.
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